Asia Pacific ETP market recorded USD1.9bn inflows in November

The Asia Pacific exchange-traded product market recorded monthly cash inflows of USD1.9bn for the month of November, taking the YTD cash flows to +USD31.9bn or 34.8 per cent of last year’s end AUM, according to Deutsche Bank.

Prior to that, the Asia Pacific region recorded monthly flows of USD2.4bn, USD1.5bn, USD2bn and USD5.6bn for July, August, September and October respectively.

Within equity products, ETFs offering exposure to China, South Korea and Hong Kong received robust cash inflows of USD1.2bn, USD347m, and USD303m respectively.

Asia Pacific ETP turnover totalled USD7.2bn for last week, 6.5 per cent up from the previous week’s total.

South Korea continues to be on top of the turnover ranking with USD2.6bn, followed by Hong Kong (USD2.1bn), China (USD1.3bn), Japan (USD0.7bn), and Taiwan (USD0.2bn).

Among equity ETFs, emerging country, leveraged strategy, Asia Pacific developed country and short strategy ETFs recorded total turnover of USD3.4bn, USD1.2bn, USD1.5bn and USD0.6bn respectively. Under the commodity asset class, turnover in gold ETPs totalled USD107m.

Last week, Asia Pacific ETP AUM ended at USD124.7bn after a marginal increase of USD290m over the previous week. On a year to date basis, Asia Pacific ETP assets are up by USD33.2bn or 36.3 per cent above last year’s closing.

Last week, five new ETPs were launched in the Asia Pacific market. ETF Securities listed three commodity ETFs on the Hong Kong Exchange tracking physical commodities: gold, silver and platinum respectively. Korea Investment Trust Mg listed one equity ETF on the Korea Stock Exchange tracking the CSI 300 Index and BetaShares Capital listed one equity ETF on the Australian Securities Exchange tracking the S&P/ASX 20 Index.